Western Asset Global Defined OppGDO +0.28%31 Pretax Margin % is 98.03% as of Oct. 2025, which is 0% above its 10-year median of 97.62. GuruFocus rates GDO with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 1,579 Asset Management companies, Western Asset Global Defined Opp ranks better than 61.05% on this metric.
The historical rank and industry rank for Western Asset Global Defined Opp's Pretax Margin % or its related term are showing as below:
GDO'
s Pretax Margin % Range Over the Past 10 Years
Min: 94.07 Med: 97.62 Max: 106.81
Current: 96.64
GDO's Pretax Margin % is ranked better than 61.05% of 1579
companies
in the Asset Management industry
Industry Median: 89.43
vs GDO: 96.64
Western Asset Global Defined Opp (NYSE:GDO) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Western Asset Global Defined Opp Pretax Margin % Related Terms
Western Asset Global Defined Opp Pretax Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Asset Global Defined Opp Pretax Margin % Chart
For the Asset Management subindustry, Western Asset Global Defined Opp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Asset Global Defined Opp Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Global Defined Opp's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Western Asset Global Defined Opp's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Asset Global Defined Opp (GDO) has a Pretax Margin % of 98.03% as of Oct. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Western Asset Global Defined Opp and its competitors. This is near median its historical median of 97.62. Over the past decade, Western Asset Global Defined Opp's Pretax Margin % has ranged from 94.07 to 106.81. According to the industry distribution chart, Western Asset Global Defined Opp ranks #615 out of 1579 companies in the Asset Management industry, placing it in the top 38.9%.
Is Western Asset Global Defined Opp's Pretax Margin % too high?
Western Asset Global Defined Opp's current Pretax Margin % of 98.03% is near median its 10-year median of 97.62. Over the past 10 years, this metric has ranged from a low of 94.07 to a high of 106.81. The Asset Management industry median Pretax Margin % is 89.43. Western Asset Global Defined Opp's value of 98.03% is 9.6% above this industry median. Based on the distribution chart, Western Asset Global Defined Opp ranks #615 out of 1579 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Global Defined Opp has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset Global Defined Opp's Pretax Margin % compare to PFX and HNNA?
According to the Asset Management industry distribution chart, Western Asset Global Defined Opp ranks #615 out of 1579 companies for Pretax Margin %. This puts Western Asset Global Defined Opp in the upper half of its industry. The industry median Pretax Margin % is 89.43. Western Asset Global Defined Opp's value of 98.03% is 9.6% above this benchmark. Historically, Western Asset Global Defined Opp's own Pretax Margin % has ranged from 94.07 to 106.81 over the past decade. While the company's 10-year median is 97.62 vs. the industry median of 89.43, Western Asset Global Defined Opp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.43, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Global Defined Opp's current Pretax Margin % of 98.03% is 9.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Western Asset Global Defined Opp and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Global Defined Opp's current Pretax Margin % is 98.03%, which is near median its own 10-year median of 97.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Global Defined Opp stock overvalued right now?
Western Asset Global Defined Opp (GDO) has a current Pretax Margin % of 98.03%. The current Pretax Margin % is 98.03%, which is near median its 10-year median of 97.62 and 9.6% above the Asset Management industry median of 89.43. Western Asset Global Defined Opp's overall GF Score™ is 31/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Western Asset Global Defined Opp (GDO), the current Pretax Margin % is 98.03% as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Western Asset Global Defined Opp Business Description
Western Asset Global Corp Defined Opp is a closed-end management investment company with a primary investment objective to provide current income. Its secondary objective is to seek capital appreciation. The Fund invests in the United States and foreign corporate fixed-income securities of varying maturities.
31GF Score
Get the complete analysis for GDO
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